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How BULLISH was the USDA Report?? (Corn Prices)

How BULLISH was the USDA Report?? (Corn Prices)

FromGrain Markets and Other Stuff


How BULLISH was the USDA Report?? (Corn Prices)

FromGrain Markets and Other Stuff

ratings:
Length:
14 minutes
Released:
Apr 1, 2024
Format:
Podcast episode

Description

Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyGoogleTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.Monday morning sees a mixed sentiment in the grain markets as US farmers announce intentions to plant fewer corn acres but increase soybean plantings. USDA's Prospective Plantings report reveals a significant decline in total principal crop acres, triggering market reactions. US corn, soybean, and wheat stocks show notable increases compared to last year, with corn stocks slightly below expectations. Despite improved drought conditions in some regions, concerns persist in areas experiencing dry spells. ?️??In financial markets, the S&P 500 hits record highs, reflecting robust economic performance as GDP growth surpasses expectations. The stock market's bullish trend continues, with consecutive monthly gains across major indexes. ???
Released:
Apr 1, 2024
Format:
Podcast episode

Titles in the series (100)

Joe Vaclavik discusses the grain markets, the business of farming, news related to agriculture, and a variety of other topics.